GBP/USD Price Forecast: Declines to near 1.3250 as bearish bias persists below 100-day moving average

The GBP/USD pair trades in negative territory around 1.3250 during the early European trading hours on Thursday. The British Pound (GBP) edges lower against the US Dollar (USD) amid widening monetary policy divergence between the Bank of England (BoE) and the US Federal Reserve (Fed).